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CU System

CU System briefs (10/16/2009)

* GREENSBORO, N.C. (10/19/09--North Carolina Credit Union League (NCCUL) President/CEO John Radebaugh won the Executive of the Year Award for 2009-2010 from the Winston-Salem Chapter of the International Association of Administrative Professionals (IAAP). The award is given by each of the more than 600 chapters of IAAP each year in recognition of an executive’s interest and support of their administrative staff person through support of their membership in IAAP and support of their continuing education endeavors. NCCUL Director of Administration Frances Moore, who is a member of the IAAP, submitted Radebaugh for the award. In her nomination essay, Moore noted that Radebaugh “is a strong advocate for our members both locally, nationally and internationally. Although executive of the state’s organization, [Radebaugh] is involved with many other affiliated organizations across the nation and tirelessly defends our purpose” (Weekly Update Oct. 15) … * HONOLULU (10/19/09)-- The University of Hawaii FCU (UHFCU) has named Jeanine M. Morse as its next CEO, effective Dec. 16. She replaces Ariel Chun, who is retiring. Morse currently works as UHFCU’s director of sales and service. Previously, she worked as executive vice president and chief operating officer for Premier Community CU in Stockton, Calif., and executive vice president for The Golden One CU in Sacramento. She also is secretary of the Oahu Chapter of the Hawaii Credit Union League. UHFCU, Honolulu, services the faculty, staff, students and alumni of the University of Hawaii and its affiliated colleges. UHFCU has $394 million in assets ... * WASHINGTON (10/19/09)--Six credit unions are included in the NCB Co-0p 100, which lists the nation's top 100 revenue-earning cooperative businesses, totaling $209 billion in 2008. In the Finance category, CoBank, Greenwood Village, Colo., and Navy FCU, Merrifield, Va., were the top revenue earners, with $2.7 billion each in revenues. CoBank was No. 14 on the Top 100 list and Navy Federal was No. 15. Other credit unions on the list were U.S. Central FCU, Lenexa, Kan. ranked 28; Western Corporate FCU (WesCorp), San Dimas, No. 54; State Employees' CU, Raleigh, N.C., No. 58; Pentagon FCU, Alexandria, Va., No. 75; and BECU, Tukwila, Wash., No. 94 … * RALEIGH, N.C. (10/19/09)-- State Employees' CU members through the SECU Foundation are providing funding for a $1.1 million, 0% interest construction loan to assist in renovating a building in Winston-Salem, N.C., to benefit pregnant and teen mothers. The Reynolds Cottage building will be renovated with six one-bedroom suites, two efficiency apartments and common areas for residents including a kitchen, dining area, living and recreation rooms, and laundry facilities. It will be called "My Aunt's House." SECU is partnering with the North Carolina Housing Finance Agency to support the project, which is sponsored by The Children's Home, a non profit that provides housing and services to youth (Photo provided by State Employees' CU) …